African Business News

Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.

Huawei Unveils World's First Trifold Phone, Mate XT

Huawei Unveils World’s First Trifold Phone, Mate XT

By Ifunanya / September 10, 2024

Huawei Unveils World’s First Trifold Phone, Touting Technological Leadership Chinese tech giant Huawei made headlines on Tuesday with the launch […]

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Nigeria’s Stock Market Plummets, Loses N111 Billion

By Ifunanya / September 10, 2024

Nigerian Exchange Limited Records N111 Billion Loss as Investors Suffer The Nigerian Exchange Limited (NGX) kicked off the week on […]

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TUC Demands Special Forex Rate for NNPC to Crash Petrol

TUC Demands Special Forex Rate for NNPC to Crash Petrol Prices

By Ifunanya / September 10, 2024

Nigeria’s Trade Union Congress Calls for Special Forex Rate to Reduce Fuel Prices The Trade Union Congress (TUC) in Nigeria […]

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NNPC and Chevron Complete Asset Conversion Under PIA 2021

NNPC and Chevron Complete Asset Conversion Under PIA 2021

By Ifunanya / September 9, 2024

Nigeria’s Oil Production Set to Boost with Successful Conversion of Joint Venture Assets The Nigerian National Petroleum Company Limited (NNPC) […]

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Sterling Bank Pioneers Africa's First Indigenous Core Banking Solution

Sterling Bank Pioneers Africa’s First Indigenous Core Banking Solution

By Ifunanya / September 9, 2024

Nigeria’s Sterling Bank Makes History with Continent’s First Indigenous Core Banking Solution Nigeria’s Sterling Bank Limited, recognized as Africa’s most […]

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Federal Universities Given Autonomy Over Research Funds

Federal Universities Given Autonomy Over Research Funds

By Ifunanya / September 9, 2024

Breaking News: Nigeria’s Federal Government Grants Financial Autonomy to Universities and Research Institutions In a significant move aimed at promoting […]

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N150m Poultry Farm Demolished in Abuja without Notice

N150m Poultry Farm Demolished in Abuja without Notice

By Ifunanya / September 9, 2024

Nigeria’s Poultry Farm Investment Demolished by FCDA, Investor Laments Akomolafe Heinrich Bankole, a Nigerian businessman, is reeling from the unexpected […]

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VAT Revenue Surges to ₦1.56tn in Q2 2024

VAT Revenue Surges to ₦1.56tn in Q2 2024

By Ifunanya / September 9, 2024

Nigeria’s VAT Revenue Soars to ₦1.56tn in Q2 2024, Report Reveals The Federal Government of Nigeria has announced a significant […]

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Senate Postpones Public Hearing on Petroleum Industry Sabotage

Senate Postpones Public Hearing on Petroleum Industry Sabotage

By Ifunanya / September 9, 2024

Senate Postpones Public Hearing on Alleged Petroleum Industry Sabotage The Nigerian Senate has postponed a public hearing scheduled for September […]

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Revolutionary App Unlocks Real Time Location Sharing & Voice Calls

Revolutionary App Unlocks Real-Time Location Sharing & Voice Calls

By Ifunanya / September 8, 2024

Revolutionary App Launched to Enhance Call and Location-Sharing Experiences Worldwide A group of Nigerians based in the United States has […]

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Eki Co Net Leads Africa's Largest Tree Planting Exercise on Nigeria's

Eki Co-Net Leads Africa’s Largest Tree Planting Exercise on Nigeria’s Independence Day

By Ifunanya / September 8, 2024

Largest Tree Planting Exercise in Africa: Eki Co-Net Leads the Charge on Climate Change In a significant move to combat […]

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Dangote Refinery Sued for Transparency on Fuel Refining Costs

Dangote Refinery Sued for Transparency on Fuel Refining Costs

By Ifunanya / September 8, 2024

Dangote Refinery Under Fire for Refusal to Disclose Fuel Production Costs Arewa Youth Assembly, a prominent youth organization in Nigeria, […]

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Industry Advocates for Sustainable Reforms in Power, Economy

Industry Advocates for Sustainable Reforms in Power, Economy

By Ifunanya / September 8, 2024

Nigeria’s Private Sector Urges Further Power Sector Reforms for Economic Growth The Lagos Chamber of Commerce and Industry (LCCI) has […]

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Nigerian Petrol Workers Seek Fair Pay, Dignity Amid Fuel Price

Nigerian Petrol Workers Seek Fair Pay, Dignity Amid Fuel Price Hikes

By Ifunanya / September 8, 2024

Nigeria’s Petroleum Filling Station Workers Demand Fair Compensation Amidst Rising Fuel Prices In a recent press conference in Kaduna State, […]

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Utomi Calls for Return of Fuel Subsidy Amid Scarcity

Dangote Refinery Won’t Guarantee Lower Gas Prices

By Ifunanya / September 7, 2024

Nigeria’s Dangote Refinery to Lift Petrol, But Price Guarantee Remains Elusive The Nigeria National Petroleum Company Ltd (NNPCL) has announced […]

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OPay introduces N50 fee for N10,000+ electronic transfers

OPay introduces N50 fee for N10,000+ electronic transfers

By Ifunanya / September 7, 2024

Here’s a clear, engaging, and well-structured news article: Nigeria’s OPay Introduces Charge on Electronic Transfers Complying with Government Regulation Nigerian […]

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NNPC Denies Undermining Dangote Refinery, Blames Global Market Forces

NNPC Denies Undermining Dangote Refinery, Blames Global Market Forces

By Ifunanya / September 7, 2024

Global Markets Determine Petroleum Prices: NNPC Ltd Denies Undermining Dangote Refinery Nigerian National Petroleum Company Limited (NNPC Ltd) has refuted […]

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El Salvador's Bitcoin Experiment: Success for Some, Challenges for Many

El Salvador’s Bitcoin Experiment: Success for Some, Challenges for Many

By Ifunanya / September 7, 2024

El Salvador’s Bitcoin Experiment: A Gambit with Mixed Results El Salvador’s bold attempt to make bitcoin a legitimate currency has […]

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Petroleum Station Workers Cry for Better Pay, Working Conditions

Petroleum Station Workers Cry for Better Pay, Working Conditions

By Ifunanya / September 7, 2024

Petroleum Station Workers in Nigeria Demand Recognition and Protection In a bid to improve their standard of living and protect […]

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Telegram CEO Warns of Exit from ‘Incompatible’ Markets

By Ifunanya / September 7, 2024

Telegram CEO Ready to Exit Markets Not Compatible with Principles In a recent statement, Pavel Durov, the Chief Executive Officer […]

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